UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of
The Securities Exchange Act of 1934
Date of Report: January 3, 2001
(Date of earliest event reported)
NICOLE INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
000-27079
(Commission file number)
68-0422343
(IRS Employer Identification No.)
83-888 Ave. 51, Coachella, CA 92236
(Address of principal executive offices)
(760) 398-9700
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
1
ITEM 5. OTHER EVENTS
Reverse Stock Split
Registrant’s Board of
Directors approved a one-for-ten (1:10) reverse split of its outstanding shares
of Common Stock. The reverse stock split was effective for shareholders of
record as of November 27, 2000 (the “Record Date”). As a result of
such reverse stock split, every ten (10) shares of Registrant’s Common
Stock outstanding on the Record Date was converted into one (1) share of its
Common Stock. No fractional shares were issued as a result of the reverse stock
split.
Increase in Authorized Shares; Preferred Stock
Concurrently with the
reverse stock split described above, Registrant increased the authorized number
of shares of its capital stock to 30,000,000 shares, consisting of 25,000,000
shares of Common Stock, $0.01 par value per share, and 5,000,000 shares of
undesignated Preferred Stock, $0.01 par value per share. The Board of Directors
is authorized to issue the shares of Preferred Stock in one or more series and
to determine and alter the rights, preferences privileges and restrictions
granted to or imposed upon a wholly unissued series of Preferred Stock.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly
authorized.
Date: January 3, 2001
NICOLE INDUSTRIES, INC.
By: /s/ Ju Young Park
____________________________
Ju Young Park, President
2
